Godfather IV: Introducing Libor Corleone


One question I've been pondering over the past half-year of financial crisis is this: Why wouldn't cash-rich individuals and organizations take this opportunity to get into the lending business? After all, there hasn't been a better time in recent history to pick and choose your banking customers; also, you (probably) wouldn't have to adhere to any bailout-triggered government restrictions/requirements, making you that much more competitive within the field.

Well, you'll never guess who's seizing the market opportunity in Italy….

[Thanks to Scott Ross for the tip.]